Multicoin: HYPE could rise to $319 by 2028

robot
Abstract generation in progress
Multicoin’s report says the market currently only views Hyperliquid as a fast-growing perpetual contracts DEX, underestimating HYPE’s valuation upside. It expects that as Hyperliquid gradually develops into a comprehensive trading platform covering more asset classes, the HYPE price could reach about $319 by 2028. Multicoin said it has been steadily accumulating HYPE since February this year, and it has now become a key position in its liquidity-hedged fund. The report estimates that Hyperliquid’s annualized returns could reach about $8 billion by 2028. Hyperion DeFi CEO Hyunsu Jung added that Hyperliquid’s valuation should be benchmarked against trading platforms such as CME, Interactive Brokers, and Robinhood, rather than being priced solely as a perpetual contracts exchange. (The Block)
HYPE0.40%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 3
  • 2
  • Share
Comment
Add a comment
Add a comment
GateUser-9008328f
· 3h ago
Multicoin's report is quite bold, $319. I'll take a screenshot and save it, then come back in 2028 for an archaeological dig.
View OriginalReply0
VinesCoiledIntoGeometricShapes
· 3h ago
Hyunsu is right, using the CME valuation method is indeed more reasonable than simply comparing with dYdX, but whether the market accepts it is another matter.
View OriginalReply0
PatinaTradingBell
· 3h ago
Is the expectation of 8 billion in revenue too optimistic? But then again, they started hoarding in February, so they clearly know how to play the information asymmetry game.
View OriginalReply0
  • Pinned